DCP Midstream, LP (DCP) Misses Q3 EPS by 47c
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DCP Midstream Reports Third Quarter Results and is on Track to Exceed 2021 Financial Guidance
November 2, 2021 4:15 PM EDTDENVER, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and nine months ended September 30, 2021.
HIGHLIGHTS
For the respective three and nine months ended September 30, 2021, DCP had net income attributable to partners of $54 million and $76 million, net cash provided by operating activities of $187 million and $255 million, adjusted EBITDA of $353 million and $961 million, and distributable cash flow of $250 million and $650 million.Third quarter adjusted EBITDA and DCF increased by 6% and 11%, respectively, from the second quarter 2021.Generated $157... More